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Occupational & Hand Therapy Clinic
Location: United States -> California
Industry: Health and Medical > Medical Clinics




Business Summary

This is a very rare opportunity for a licensed occupational, hand or physical therapist to acquire their own practice. It is a well established clinic with a solid earnings history and experienced staff. Revenue is 34% private insurance, 18% medicare, 37% worker's compensation (solid insurance --no contingency payments) and 11% other insurance. Furthermore, the practice has a healthy business in splinting which generated nearly $53,000 in high margin revenue in 2017. Average patient visits were nearly 540 per month. With as little as $172,000 down, this practice can be purchased with an SBA loan since the seller has excellent books and records. No information will be provided until a signed Confidentiality Agreement and profile form are provided. Buyers must have experience in OT or PT. Please email for a confidentiality agreement and profile form.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $675,559
Cash Flow:   $280,588
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2004
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Seller wishes to stay on as a therapist and will help transition new owner
Reason For Selling:  Partial retirement




Print Listing Id: 700313720
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Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers



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